Cardano price traded near $0.20 on Aug. 7 after gaining more than 25% over the past week, with technical momentum and network updates supporting the recovery.
Summary
- ADA gained more than 25% in seven days, briefly trading above $0.21.
- The 4-hour chart places immediate support at $0.195, followed by $0.184.
- A 3-day liquidation heatmap shows dense leveraged positions around $0.196–$0.198.
- Bulls must clear $0.207–$0.210 to extend the rally toward $0.22.
Cardano price holds after its 25% rally
According to data from crypto.news, Cardano (ADA) price was trading around $0.201 at the time of writing after reaching an intraday high near $0.204. ADA briefly…
